Ten Ways to Spot Mortgage Scammers

With instances of mortgage fraud on the rise, are you aware of how to spot a mortgage scammer?

Realtors have a good idea what to look for when it comes to fraudulent mortgage practices. However, that doesn’t mean that plenty of people, real estate agents included, haven’t been duped in the past. Scammers are often extremely clever and succeed by appearing, on the surface, to be very friendly and helpful people. If you know the signs to look for then you will probably spot a scammer before it’s too late.

Without much further ado, here are 10 ways to spot a mortgage fraud. This list isn’t an end-all, be-all fix for this problem, but it could help you at some point in the future avoid a shady business practice or two.

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